reprise or trap?
Bitcoin has just strung together its best week in 3 years (+22%), driven by the CLARITY Act and record ETF inflows. But since yesterday, we’ve seen a pullback: BTC has slipped back under 77,000, with more than 100M in liquidations, mostly from long positions.
📈 Two possible interpretations:
— A simple breather after such a violent move, healthy ahead of what’s next
— The start of a real correction, with long positions having become too crowded
🎯 Levels to watch:
Resistance: 78,000$
Key support: 75,000$
Ethereum, for its part, remains solid above 2,400, with long positioning still high on Binance (72%).
Are you still positioned, or are you locking in profits before the weekly close? 👇
$BTC $ETH
Bitcoin has just strung together its best week in 3 years (+22%), driven by the CLARITY Act and record ETF inflows. But since yesterday, we’ve seen a pullback: BTC has slipped back under 77,000, with more than 100M in liquidations, mostly from long positions.
📈 Two possible interpretations:
— A simple breather after such a violent move, healthy ahead of what’s next
— The start of a real correction, with long positions having become too crowded
🎯 Levels to watch:
Resistance: 78,000$
Key support: 75,000$
Ethereum, for its part, remains solid above 2,400, with long positioning still high on Binance (72%).
Are you still positioned, or are you locking in profits before the weekly close? 👇
$BTC $ETH